Author: John L Leibiska

Copy Traders Become Standard With the combination of online trading and social media, more people are becoming so-called copy traders. This increasingly popular approach to investing allows people to connect with other investors online, view the history of their trades, gains, and losses, and then allocate a portion of their portfolios to automatically mimic the actions of those with appealing records. This is now an increasingly standard tool for online retail forex platforms, according to Leaprate. Many existing forex brokerages have added functions allowing users to become copy traders. It…

Multiple Ways to Get Paid It still amazes me that after all these years of trading and being involved in the financial education business I never find it a challenge to write about the things concerning the markets and the challenges that traders face when attempting to negotiate them. Having just finished up a recent 3-day long Market Timing Class, it was fascinating to explore and talk through the many hurdles the students had before coming to class. Most of them decided that the only way to overcome their issues…

Why brokers need to embrace alternative finance A fundamental shift in the alternative finance sector in Australia is set to reshape the Australian lending market, according to a global peer-to-peer (P2P) lender, and it is vital brokers adapt. Daniel Foggo, the chief executive of the Australian arm of global P2P lender RateSetter, will be speaking at the AltFi Australasia Summit 2016 in Sydney later this month. He said the disruption from alternative finance will be as revolutionary as Uber and Airbnb. “Just as Uber and Airbnb have disrupted the transportation and accommodation…

5 High-Yield Stocks For Growth And Income Capitalize on this rare opportunity to buy five stocks about to be added to major indexes. Inclusion in these indexes will drive up demand for their shares, therefore increasing their prices. Buy now to lock-in high yields and quick share price appreciation. A stock can get a nice positive value boost when it is selected to be a newly added component stock in a widely followed index. When a company is added to an index, all of the managers of ETFs and index…

Choose the Right Retirement Account What’s the best retirement account for my situation? We explain Roth & Traditional IRAs, annuities and employer plans. Repeat after us: “Retirement savings are for retirement.” Again. “Retirement savings are for retirement.” Why this mantra? Simple: The best place to put your savings is in tax-advantaged accounts. As with all things IRS-related, you’ll pay a penalty if you want to get your mitts on the moola before the golden age of retirement. So, once again: “Retirement savings are for retirement.” Now that you’ve promised to…

Microsoft to Buy LinkedIn for $26 Billion in Biggest Deal Yet Microsoft Corp. is acquiring the professional social network LinkedIn Corp. for $26.2 billion, one of the largest technology-industry deals on record, as the maker of Windows software attempts to put itself at the center of people’s business lives. The deal is a way for Microsoft, which largely missed out on the consumer Web boom dominated by the likes of Google and Facebook Inc., to sprint ahead in social tools -– in this case, for professionals. While Chief Executive Officer…

Jobs Threatened by Machines: A Once ‘Stupid’ Concern Gains Respect They replaced horses, didn’t they? That’s how the late, great economist Wassily Leontief responded 35 years ago to those who argued technology would never really replace people’s work. Horses hung around in the labor force for quite some time after they were first challenged by “modern” communications technologies like the telegraph and the railroad, hauling stuff and people around farms and cities. But when the internal combustion engine came along, horses — as a critical component of the world economy…

3 Important Uses of Fibonacci Numbers An example of the power of math can be found in Fibonacci numbers. Fibonacci numbers are a sequence discovered by Italian mathematician Leonardo Fibonacci in the 13th century. The sequence is 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, and 89 on to infinity. The sequence has a series of interesting properties. The sum of any two consecutive numbers equals the next highest number. After the first four numbers, the ratio of any number to its next highest number approaches 0.618. The ratio…

Eurozone’s growth expectations estimate annual GDP growth at 1.7% with higher average quarterly rise outstripping UK The eurozone’s reputation as the laggard of the global economy appeared to be overly pessimistic, after revised figures showed annual GDP growth in the currency bloc edged higher to 1.7%. Eurostat, the official data agency for the European Union, showed that GDP growth in the first quarter was 0.6%, after being trimmed to 0.5% in an earlier estimate, pushing the annual growth rate up from the previous estimate of 1.6%. Growth in the fourth quarter…

The Federal Reserve is going to raise interest rates again soon – and this will drive some people crazy Probably sooner than you — or at least the market — think. In a speech in Philadelphia on Monday, Fed Chair Janet Yellen, speaking for the final time before the Fed’s June 15 meeting, said that another interest rate hike from the Fed does not require the central bank meet both parts of its dual mandate first. Here’s the key bit from Yellen’s speech (emphasis added): I continue to believe that it will be appropriate…